demand influences prices mainly through the number of stations. There is some local price variation across chains, and the … locally only. In this study we analyze how market structure, geographical attributes and in particular, demand will influence … prices. Our work is a natural follow-up to the study of Csorba et al. (2009) who showed that Hungarian retail gasoline prices …

-basic demand model. The authors apply the results of the estimate to verifying the robustness of the theoretical assumptions and …